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Comstock Resources Inc T.CRK.DB


Primary Symbol: CRK

Comstock Resources, Inc. is an independent energy company. The Company is engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates through the exploration and production of North American oil and natural gas segment. The Company primarily operates in the Haynesville shale, a natural gas basin located in North Louisiana and East Texas, with economic and geographical proximity to the Gulf Coast markets. The Company is focused on the development of drilling opportunities in the Haynesville and Bossier shales and exploration activities in Western Haynesville play. The Company has approximately 2,959 drilling locations on its Haynesville/Bossier shale acreage, where the Company estimates to have 4.9 trillion cubic feet equivalent (TCFE) of reserve potential. The Company owns interests in approximately 2,478 producing oil and natural gas wells (1,516.7 net) and operates 1,703 of these wells.


NYSE:CRK - Post by User

Comment by bonjovi501on Jan 10, 2012 10:55am
231 Views
Post# 19385997

RE: RE: Low Cost Maud Creek Mine Worth $150 millio

RE: RE: Low Cost Maud Creek Mine Worth $150 millio

Longnose2....you are correct in everything you say. The offer should be around $1 at least and that still is undervalued. I just hope the bid is turned down which it should and hope we have a bidding war before the end of the month. I thought the Tom Gulley mill and mine were about to be sold at one time but maybe now it was put on hold because of Luxor.  We need to get past the first half of the year and then we will see $1.50 share price for sure before years end. Patience again is key.

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